Trump Brand Tower deal on Gold Coast collapses; Tate’s governance under spotlight. Laotian-born Australian businessman and longtime Gold Coast mayor.
Altus Property Group has parted ways with the Trump Organization over a planned US-branded tower in Surfers Paradise, citing the Iran war as a factor that has made the Trump brand toxic in Australia; the Trump Organization counters that Altus failed to meet basic financial obligations. Both sides say they remain open to future projects in Australia.